Fairway Energy, LP and affiliates
Fairway Energy, LP and its affiliates operated an integrated business that owned and operated an underground crude oil storage facility in Houston, Texas. They commenced their bankruptcy cases to sell their business as a going concern. Following a marketing and sale process and auction, the Fairway debtors ultimately sold substantially all of their assets to Fairway New Co LLC, an affiliate of their lender, Riverstone Credit Partners-Direct, L.P., for a $77.5 million credit bid. After the sale closed, the debtors successfully achieved confirmation of their plan of liquidation. Young Conaway serves as co-counsel in Fairway’s bankruptcy cases with Haynes and Boone, LLP.
RMH Franchise Holdings, Inc. and affiliates
Young Conaway serves as restructuring counsel to the Debtors. Prior to the filing of their chapter 11 cases in May 2018, the Debtors formed what is believed to be the second-largest franchisee operator of Applebee’s restaurants, operating 159 restaurants across 15 geographically diverse states. The Debtors filed their chapter 11 cases to further the restructuring efforts they had commenced out-of-court in 2017 through additional lease renegotiations and optimization of their restaurant portfolio, and to avoid the forfeiture of their valuable franchise rights as a result of certain precipitous actions threatened by their franchisor, Applebee’s Restaurants LLC and certain of its affiliates. As sole restructuring counsel to the Debtors, Young Conaway guided the Debtors into the chapter 11 process on an expedited basis, preparing the “first day” pleadings necessary to ensure a smooth transition into chapter 11 for the company’s business operations, and working with the Debtors to further their restructuring efforts by, among other things, closing certain underperforming restaurant locations and rejecting the associated leases and franchise agreements, obtaining authority to make certain post-petition severance payments to their employees in connection with the closed locations, and obtaining Court approval of the Debtors’ sale of certain real property. Most importantly, Young Conaway defeated Applebee’s efforts to terminate the Debtors’ franchise agreements, and ultimately guided the Debtors through a consensual new value restructuring whereby the Debtors’ existing equity holder remained in place and the Debtors emerged with a significantly de-levered balance sheet. Young Conaway continues to advise the Debtors as they analyze claims and various other matters.
F+W Media, Inc.
Diesel USA Inc.
Heritage Home Group LLC
New MACH Gen, LLC
Fisker Automotive Holdings, Inc.
Young Conway acted as co-counsel with Sidley Austin LLP to Wanxiang America Corporation in the chapter 11 proceeding of Fisker Automotive Holdings, Inc.
Fallbrook Technologies, Inc.
Nuverra Environmental Solutions, Inc.
LMCHH PCP LLC
Key Energy Services, Inc.
Noble Environmental Power
Scooter Store Holdings, Inc.
Young Conaway acted as co-counsel to The Scooter Store Holdings, Inc. and its affiliated debtors in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. On the petition date, the debtors were a major supplier of power wheelchairs, scooters and related assistance devices for those with mobility limitations.
Penson Worldwide, Inc.
Young Conaway acted as co-counsel to Penson Worldwide, Inc. and its affiliated debtors in their chapter 11 proceeding in the United States Bankruptcy court for the District of Delaware. The debtors historically provided execution, clearing, custody, settlement and technology products and services to financial firms.
Santa Fe Gold Corp.
Northshore Mainland Services
UniTek Global Services
Quantum Foods, LLC
Young Conaway acted as co-counsel to Quantum Foods, LLC and its affiliated debtors in their chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. the Debtors are leading further=processor of proteins, including beef, pork and poultry.
Coldwater Creek Inc.
Young Conaway served as lead counsel to Simplexity, LLC and its affiliated debtors in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. Prior to the petition date, the debtors were the largest independent online activator of mobile phones in the Unites States through their Consumer Wireless Division, which comprised the company's branded Wirefly website and hundreds of private label websites that were enables by the debtors' infrastructure and seamlessly integrated with online retail partners; sites.
Cinram International, Inc.
Young Conaway served as co-counsel, with Shearman & Sterliing LLP, to Cinram International ULC, in its capacity as the authorized Foreign Representative for Cinram International Inc. and certain of its affiliates in a proceeding commenced under Canada's Companies' Creditors Arrangement Act and pending before the Ontario Superior Court of Justice.
Friendly Ice Cream Corportation
Young Conway served as co-cousel to Sun Capital partners, Inc. in the chapter 11 proceeding of Friendly Ice Cream Corporation.
Sand Spring Capital III, LLC
Young Conaway is acting as lead counsel to Sand Spring Capital III, LLC and its affiliates in their chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. The Debtors were investment vehicles that held securities and other assets for investment purposes for the benefit of their membership interest holders or shareholders.
- Page 1 of 2